my favourites from drucker 2
TRANSCRIPT
MY FAVOURITES FROM DRUCKER-2
Qualities of a Leader
Leadership is not magnetic personality Leadership is not making friends and influencing
people It is the lifting of a man’s vision to higher sights ,the
raising of a man’s performance to a higher standard ,the building of a man’s personality beyond its normal limitations
Set strict principles of conduct and high standards of performance ,and respect people and their work
Crisis and Leadership
The most important task of an organization’s leader is to anticipate crisis . Perhaps not to avert , but to anticipate it . To wait until crisis hits is abdication . You cannot prevent a major catastrophe ,but you can build an organization that is battle-ready ,that has high morale ,that knows how to behave ,that trusts itself and where people trust one another .
In military training , the first rule is to instill soldiers with trust in their officers ,because without trust they won’t fight .
Confront the major problems facing your organization .Communicate their essence frankly and fully . Gather support for taking the steps necessary to solve them
Purpose of a Business
There is only one valid definition of business purpose : to create a customer
The customer is the foundation of a business and keeps it in existence .He alone gives employment .
Any business enterprise has two –and only two basic functions – marketing and innovation . These are the entrepreneurial functions .
Marketing is the distinguishing ,the unique function of business
Organizations and Individuals
The more the organization grows in seriousness and integrity ,objectivity and competence ,the more scope there is for the individual to grow and develop as a person .
KEEP LEARNING . TAKE FULL ADVANTAGE OF YOUR COMPANY’S EDUCATIONAL BENEFITS
Base Leadership on Strength
The effective executive knows that it is easier to raise the performance of one leader than it is to raise the performance of a whole mass . It is therefore important that into the leadership position ,into the standard setting ,the performance-making position ,the person has the strength to do the outstanding, the pace-setting job
TO RAISE THE PERFORMANCE OF A BUSINESS UNIT PUT A STRONG LEADER AT THE HELM
Peter F . Drucker
A top management thinker ,he is the author of more than 35 books , and his ideas have had an enormous impact in shaping the modern corporation .
He was awarded the Presidential Medal of Freedom in 2002 .
He was a writer , teacher ,philosopher , reporter and consultant , as well as professor at the Peter F.Drucker and Masatoshi Graduate School of Management ,Claremont Graduate University
Bibliography
The Effective Executive The Practice of Management Management Challenges for the 21st century The Daily Drucker Drucker on Asia The New Realities The Ecological Vision The End of Economic Man The Age of Discontinuity Managing in Turbulent Times
FEEDBACK
Do let me know your learnings , experiences ,application of the concepts and your thoughts on the presentations and in case you need any support/help for development .The journey is long and in my attempt to strive for perfection,(which continues to elude me) ,I myself try to apply the concepts and learnings
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interesting reading and interactions.
SUBHASHIS DAS GUPTA